California Computer Products, Inc. v. County of Orange

Opinion

TAMURA, Acting P. J.

Plaintiff appeals from an adverse judgment in its action for partial refund of ad valorem taxes on its business inventories which were assessed on the 1975-1976 tax roll as escaped *734property for the fiscal years 1972-1973 and 1973-1974. Plaintiffs refund action is predicated solely on the claim that the assessor erroneously failed to apply to the assessment the 1974 amendment to Revenue and Taxation Code section 219 which extended the business inventories exemption to escaped assessments meeting the conditions specified by the amendment.1

The pertinent facts are not…